Monday, August 18, 2008
1,789 SQFT IN GILBERT AT $204,900!
Everyone will love this great lifestyle where there’s 2 clubhouses, endless trails & greenbelts, two lakes with fishing, tennis courts, soccer fields, basketball courts, kids playgrounds, neighborhood schools & more. Now you can have it with this wonderful 4 bedroom, 2 bath home featuring and island kitchen, covered patio and a Jack & Jill bath. Call Pete Today! 480-812-9200. PIN #442
Benefiting 1st Time Home Buyers:
HR3221, The Housing and Economic Recovery Act of 2008
The federal government is passing a new law which will enable 1st time home buyer's to benefit from a huge $7,500 tax credit when they purchase a home. This new program was created as a way to cause new home buyers to act and purchase a home now, instead of waiting. The goal of the federal government is to infuse home sales within the economy with lots of new homebuyers benefiting from this tax credit.
Currently, the housing inventories around the country are at huge levels and the government wants to bring those levels down to normal levels to help stabilize our ecomony. This is a smart solution to get people to act now, instead of waiting to purchase. The fact is that interest rates are very attractive right now and the only thing that is causing people to wait to purchase is that they think they can get an even better deal. The truth is that in most places round the country are ripe for the picking and the market will start moving into an aggressive buyers market in the coming months. Rates will go up soon, so it is best to take advantage of lower rates and a huge tax advantage from the government.
Many previous 1st time home buyer's can only dream of an opportunity like this. Imagine: You find find the home you want; get the seller to pay your closing cost, only have to put 3-5% as a down payment and get $7,500 dollars back in your taxes. We can show you how. It a wonderful deal.
THE STEPS TO HOME OWNERSHIP:
In order for you to take advantage of the tax breaks offered by the US government and benefit from even more 3rd party - money incentives, we have created an educational and informational pre-qualifiction gathering to show 1st time homebuyers how they can maximize the benefits of home purchasing.
SCHEDULE A MEETING TO GET MORE INFO:
We schedule small meetings with couples and individuals and teach them how to:
1. Get the Seller to pay for the maxium allowable closing costs under FHA, Freddie Mac and Fannie Mae.
2. How to find the perfect home based on your needs and wants.
3. Learn the mistakes that most buyers make in purchasing homes.
4. Learn credit repair strategies to get you to home purchasing faster.
5. Get the most updated information to lending requirements under FHA, Freddie Mac and Fannie Mae.
6. Learn how to communicate with escrow agents and loan processors to insure a smooth and fast closing.
7. Get the guestions you have answered; by true mortgage and real estate professionals, with over 22 years experience.
CALL OR EMAIL TO SET UP A PRIVATE MEETING TO GET STARTED 480-812-9200 OR firstname.lastname@example.org
Thursday, August 14, 2008
YOU MAY QUALIFY FOR A 1% INTEREST RATE REDUCTION WHEN BUYING A NEW HOME THRU WELLSFARGO FLEX/FIXED LOAN PROGRAM
For the First Year Of Your FHA Or VA Loan
With our FLEX/FIXED® program, you may be able to take advantage of a 1% reduction in your
mortgage rate for the first year of your loan, at no cost to you, when you apply and lock in your rates
now through August 31. This means a lower monthly mortgage payment for the first 12 months!
Other Benefits Include:
• Security – Fixed payment schedule lets you know what your monthly principal and interest
payments will be for the life of the loan
• Options – Can be used with 30 year fixed FHA1 and VA2 programs
Call Pete Dijkstra & Team Today 480-221-1332 or 800-318-8330 so that we can put you in contact with a Mortgage consultant to see how you can take
advantage of this program!
Remember to visit us on the web for all of your Real Estate needs. It's is a great time to be a buyer call us for a recent list of all foreclosure homes in the Phoenix Metropolitan area. Queen Creek, Gilbert, Chandler, Mesa, Tempe, Maricopa, Scottsdale, Paradise Valley, Buckeye, Glendale, Peoria and more.
Information is accurate as of date of printing and is subject to change without notice. These are the current interest rates for the loan products
described above for a single-family primary residence. Your loan's rate will depend upon the specific characteristics of the loan transaction and your
credit profile up to the time of closing. 1. The FHA loan illustration assumes a $200,000 loan with a 3% down payment, 360 monthly payments with
1 year buydown. The interest rate for year 1 will be 5.375% (6.954%) and 6.375% (6.954%) for year 2-30. The monthly principal, interest, and mortgage
insurance payments for Year 1 will be $1,219.64. After the buydown period expires, the monthly principal, interest, and mortgage insurance payments
will be between $1,348.38 and $1,334.21 for 131 months. After that, the monthly principal and interest payment will be $1,266.46 for the remaining
term of the loan. The payment amounts provided do not include homeowner’s insurance or property taxes which must be paid in addition to your
loan payment. 2. The VA loan illustration assumes a $200,000 loan with a 20% down payment, 360 monthly payments with 1 year buydown. The
interest rate for year 1 will be 5.375% (6.554%) and 6.375% (6.554%) for year 2-30. The monthly principal and interest payments for Year 1 will be
$1,133.94. After the buydown period expires, the monthly principal and interest payments will be $1,263.34 for the remaining term of the loan. The
payment amounts provided do not include homeowner’s insurance or property taxes which must be paid in addition to your loan payment.
Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2008 Wells Fargo Bank, N.A. All rights reserved. 104660 -
1% interest rate
reduction at no cost
2,175 SQFT IN AVONDALE AT $185,990!
Located in a master planned community with amenities for everyone. This wonderful home features over 2,100 sqft, 4 spacious bedrooms, a loft & 3.5 bathrooms. Large master suite with walk-in closet and huge master bath. Plus, the covered porch, covered patio & 2 car garage are already included. Just $185,990. Call Pete Today! 480-812-9200. PIN #305.
2450 S Arizona Ave, #1
Chandler, AZ 85286
Once you try their food you will understand our excitement. This a family owned and operated business and everyone is truly delightful. It is located on San Tan Blvd just East of Power Rd. in Queen Creek, it is very easy to miss and trust me you don't want to miss this. It's name may sound like an average sandwich shop but it is far from average and their menu will surprise you.
To start with, everything on their menu is made from scratch utilizing local Vendors for their supplies. The first time I had their seafood chowder I was hooked! It was so fresh, creamy and light and you could taste the flavors of all of the ingredients. Then I moved on to the potato salad, oh WOW was this the best potato salad that I have ever tasted. So full of flavor, not laden with mustard, so that you can't taste anything else. Next was the clincher that sold me forever, the Cuban Sandwich. Oh my! Generously filled with Cuban style roast pork and ham with warm provolone cheese and lightly covered with dijon aioli on ciabatta bread. Every dish is pure enchantment to your taste buds.
If you live in Queen Creek currently or have decided to move out there and enjoy the low housing prices, once you eat here you will definitely want to come back. I know that I should stick to my day job of helping people buy or sell their homes, but I just don't want you to miss out on any of those hidden treasures.
For all of your Real Estate needs don't forget to visit us at www.AnyAzHome.com. Here you can find a complete listing of all homes listed on the Arizona MLS for free.
A BARGAIN IS POSSIBLE! 1,908 SQFT AT $122,990!
Whatever your needs or price range, we have found all the best deals! Featuring 4 large bedrooms, 2 full baths, spacious living, dining & family rooms and a huge kitchen with breakfast nook & walk-in pantry. Options for a den, kitchen island, bayed windows & a media niche also available. Build your next dream home at $122,990! Call Pete Today! 480-812-9200. PIN #364.
Wednesday, August 13, 2008
SIMPLY FABULOUS! 2,138 SQFT AT $175,990!
Description: What more could you ask for? Standard 4 bedroom, 2.5 bath home with 2,138 sqft & covered porch at $175,990. Features a large island kitchen w/walk-in closet & breakfast nook, vaulted master bedroom w/walk-in closet and spacious secondary bedrooms with loft options available. Located in a master planned community with amenities for everyone to enjoy. Call Pete Today! 480-812-9200. PIN #360.
*All new homes are subject to price adjustments and incentive reductions until time of accepted contract. Homes pictured may be the actual model home offered by the builder and are for illustration purposes only.
Visit http://www.anyazhome.com/MyHomeDtl.asp?lstPages=1&HomeID=762532 for more information.
Contact Information: Pete Dijkstra & Team
RE/MAX Elite 2450 S Arizona Ave. #1 Chandler, AZ 85286
Tuesday, August 5, 2008
As you know the deadline for acquiring Down payment assistance ends September 30th 2008 which is right around the corner. We were told this morning that any home worth buying was being snatched up all over the valley. Agents have told us that not only are those properties being sold at a swift rate but because of the Down Payment assistance slipping away that many houses meaning the homes is Top shape are getting Multiple offers and selling above the asking price.
I thought to myself there must be a way to verify those statements and satisfy my own curiosity. I did my own exploration and checked out the Stats on the Multiple Listing Service and was really surprised at the number presented to me. At first I thought that can't be right because the number only represented 4 days of activity from August 1st to today August 4th. After the 3rd search the number of 2881 new Escrows represented by Active with Contingency sales and pending sales homes stayed intact. That means in 4 days Buyers have purchased right at 50% of the total number of all sales that closed in all of June. Junes total sales by the way were published at 5775 homes closed.
So what does that mean to you? It means you have 27 days left to assure yourself of getting the last of the Down Payment Assistance programs before it's over on September 30th next month.
Just give me a call and let's get started,
Pete Dijkstra Realtor, CRS, CREA
visit us on the web www.AnyAZHome.com
2450 S. Arizona Ave. #1
Chandler, AZ 85286
August 4th, 2008by Edward Jamison, Esq.
Most people have never checked their credit score. They have always used credit wisely and have probably never been denied a loan. Long story short, they have never really had a good reason to worry about their credit score. They do now.
Why? Because banks are systematically lowering credit limits on credit cards and HELOCS, even for borrowers with spotless credit records.
So when they receive notification from their bank of a drop in their available credit, they usually don't think too much about it at first. They say to themselves that they had no plans to max out their credit cards anyway. And besides, they just got their HELOC as a financial safety net or they only used it to finance a new car at better rates with a nice tax deduction. But what the banks aren't telling them is the negative impact lowering their credit limits will have on their credit score.
As soon as a borrower's credit limit is lowered, it changes their Credit Utilization Rate, (CUR), which is a major component of their credit score. Credit Utilization Rates are calculated by dividing outstanding loan balances by the amount of credit available.
For example, if a borrower has $10,000 in credit card debt with an available credit limit of $40,000, their Credit Utilization Rate is 25%. But if their credit limit drops to $10,000, their CUR leaps to 100%.
The same thing happens when a bank freezes a HELOC.
As a result, millions of people who have never worried about their credit scores and who have spotless records are getting a rude surprise the next time they apply for a loan.
That's what Michael Isroff believes happened to him. He had a mortgage on his condominium in Chicago, plus a home equity line of credit with a balance of $12,000. This spring, National City froze his HELOC which had a credit limit of $100,000. National City wrote in a letter that Isroff wouldn't be allowed to borrow any more against his home's equity, and he would have to pay off the balance over time. In effect, his credit limit was reduced from $100,000 to the $12,000 that he owed.
Like most people, he didn't think too much about it at the time because he didn't really need it, it was just nice to have.
But when he went to refinance, his mortgage broker told him there was a problem. The best programs and rates were only available to borrowers with a credit score above 720 and he was two points short. He didn't know it then, but his credit score dropped overnight from 760 to 718.
Give me a call and we'll get you pre qualified at no cost and get you into the home your dreaming about.
Give me a call at ( 480) 812-9200.
THINK YOU CAN'T BUY? CALL US!
At $133,900 here’s a terrific 4 bedroom, 2 bath that includes the washer, dryer & refrigerator. Other features include covered patio, front yard landscaping, low E windows, island kitchen & master bedroom with walk-in closet. Located in Phoenix and ready for you to make this your next dream home. Call us about a $500 total move in incentive. Call Pete Today! 480-812-9200 or 1-800-318-8330. PIN #167.
Pete Dijkstra & Team RE/MAX Elite 2450 S Arizona Ave. #1 Chandler, AZ 85286 480-812-9200 Fax: 480-760-2330 Email: petedijkstra@NUMBER1EXPERT.com
http://www.anyazhome.com/ is brought to you by Pete Dijkstra & Team NUMBER1EXPERT(s)™ for Chandler, Gilbert and Phoenix, Arizona real estate